April 25, 2017 (Fredericton, NB)
With a mission to foster entrepreneurship, Venture for Canada, a national not-for-profit organization, recruits the best and brightest post-secondary graduates to work at high-growth small and medium-sized start-ups for a two-year period. After three years of operation in other parts of the country, we are pleased to announce that the Fellowship program will now be available in the Province of New Brunswick.
The expansion was made possible in part thanks to support of almost $203,000 from the Atlantic Canada Opportunities Agency, which was announced on April 21 in Nova Scotia by Andy Fillmore, Member of Parliament for Halifax, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA.
A new Program Coordinator has been hired to support the program delivery and to collaborate with additional partner start-ups and educational institutions in New Brunswick to further increase the impact and reach of the program.
Just over 60 Fellows of 2,200 applicants from across the country were selected for the 2017 Fellowship program. More than one third of the Fellows will be placed at Atlantic Canadian startups, four of which will be in New Brunswick.
Fellows attend a 4-week training camp at Queen’s University in Kingston, Ontario where they become versed in subjects such as product design, social entrepreneurship, communications, sales strategies and conflict resolution. Mentoring and ongoing training are integral components of the start-up experience for successful applicants. This support and hands-on learning prepares youth to become entrepreneurs upon completion of the program.
“The most important elements of innovation are people and talent. Venture for Canada’s programming provides hands-on experience that benefits both youth and start-ups. Expanding this programming into New Brunswick will provides more young Canadians with opportunities to gain meaningful work experience as they grow their skills base and prepare to lead the next generation of entrepreneurs.”
-The Honourable Navdeep Bains, Minister of Science, Innovation and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency.
“This initiative is contributing to the growth of our entrepreneurial youth who will hopefully become the future founders of successful and innovative Atlantic Canadian companies. I am pleased that the Government of Canada is able to support Venture for Canada’s Fellowship program to give our top talent an opportunity to gain invaluable experience in high-growth firms right here in New Brunswick.”
-Matt DeCourcey, Member of Parliament for Fredericton
“We are thrilled to be sharing the news that Venture for Canada’s program is expanding in Atlantic Canada. It is fantastic to see the tremendous growth of entrepreneurship in NB and we have been honored to work with amazing community partners and high growth startups on the ground in NB, in preparation for this expansion. We are very appreciative of The Government of Canada’s continued support of the Venture for Canada program.”
-Scott Stirrett, Executive Director, Venture for Canada